Bank Negara Preparing New Framework For Payment Cards, Invites Feedback

Bank Negara Malaysia has issued an invitation for feedback on its exposure draft on the Payment card framework, the aim of the framework is to foster a safe, efficient and transparent payment card industry in the country it added.

The measures also aim to ensure the cost of accepting payment cards remains fair and reasonable, which will help promote wider acceptance and usage of payment cards.

BNM invites written feedback on the proposals in this exposure draft. This includes suggestions on areas to be clarified or elaborated further and any alternative proposals that the Bank should consider. The written feedback should be supported with clear rationale, accompanying evidence, or illustrations as appropriate to facilitate the Bank’s assessment.

Responses must be submitted to the Bank by 15 February 2022 in writing or by email at the addresses below. Electronic submissions are encouraged.

Pengarah
Jabatan Dasar Perkhidmatan Pembayaran
Bank Negara Malaysia
Jalan Dato’ Onn
50480 Kuala Lumpur

Email: [email protected]

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